Darby Villa Apartments

6139 and 6154 Darby Rd, Roanoke, VA 24012

Property Information

  • For Sale $4,500,000
  • Property Type Multi-Family
  • Property Size 23,532 SF
  • Units 36
  • Lot Size 2.08 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1970
  • Date Updated May 8, 2026

Description

Located off N Williamson Rd in Roanoke CountyPresented exclusively for sale by Poe & Cronk Real Estate Group, 6139 and 6154 Darby Road offer an opportunity to acquire a well-positioned, value-add multifamily asset in a rental market that continues to show steady growth. The portfolio consists of 36 apartment homes across two buildings. 6139 Darby Road includes eleven 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. 6154 Darby Road includes twenty-four 1-bedroom, 1-bath units, providing a unit mix that appeals to a broad tenant base. The properties are well maintained and currently produce dependable in-place cash flow, while still offering upside. Current rents are approximately 12% below market, giving a new owner the ability to increase revenue through rent growth as units turn and leases renew. Located within close proximity to the region’s major employers, cultural amenities, and entertainment destinations, 6139 and 6154 Darby Road will benefit from continued rental demand. With stable operations, below-market rents, and a strong location, this offering represents a straightforward multifamily investment with both income in place and room to grow.

Highlights

  • 36 apartment homes across two buildings
  • Located within close proximity to the region’s major employers, cultural amenities, and entertainment destinations

Contacts

Stephen Pendergrass, SIOR, CCIM

Poe & Cronk Real Estate Group

Location

Located at 6139 and 6154 Darby Rd, Roanoke, VA 24012, this property is part of the Hollins neighborhood.

Contact Listing Broker
Stephen Pendergrass, SIOR, CCIM

Poe & Cronk Real Estate Group

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